12-15-2017, 03:16 AM
On a brighter note..........I was glad to see today that the House/Senate tax reform reconciliation negotiations led to rejecting the full repeal of State and Local Tax (SALT) deductions.
The (predictable) compromise of $10,000 deductible is much less painful for the millions of us already contributing more than our share, but still doesn't even cover my property taxes.
This "tax reform proposal" has less than 30% public support. Never before has a promise of reduced taxes been so unpopular. Why? Because never before has our government so blatantly regarded Americans as idiots who can't do basic research and math.
Fortunately, only about 30% of population is that idiotic. Unfortunately, I won't be surprised if this so-called 'tax reform' bill is passed within the next month just so the Republican party can say that Trump achieved a legislative campaign promise in his first year.
I hope this bill fails because it's just wrong.
The (predictable) compromise of $10,000 deductible is much less painful for the millions of us already contributing more than our share, but still doesn't even cover my property taxes.
This "tax reform proposal" has less than 30% public support. Never before has a promise of reduced taxes been so unpopular. Why? Because never before has our government so blatantly regarded Americans as idiots who can't do basic research and math.
Fortunately, only about 30% of population is that idiotic. Unfortunately, I won't be surprised if this so-called 'tax reform' bill is passed within the next month just so the Republican party can say that Trump achieved a legislative campaign promise in his first year.
I hope this bill fails because it's just wrong.